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1381  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you know any meme coin that could be shiba or doge? on: February 14, 2022, 09:03:41 PM
there is no meme coin that suppose to be next shiba or doge. Although its quiet impossible to predict in my opinion  as you told but this is speculation sector! Anyone can predict & share opinions but honestly i don't know any of such meme coin. I've checked coingecko, cmc & some article too but i don’t found strong potential in any meme coin that could be make itselft next shiba or doge. rarely possible to see another such altcoin again
They're both the most known meme coins. As speculators, we'll look for another one that has the same potential but it's hard. The market is no longer the same when those two have flew.
What you're going to see with the meme coins these days are almost the same, you might be discouraged to see them not moving the same way as how doge and shiba soared before.
1382  Alternate cryptocurrencies / Altcoin Discussion / Re: How you choose projects for investment on: February 14, 2022, 07:59:24 PM
What I'm doing right now is following social media like Facebook or discussions on telegram or discord, if the discussion looks convincing and natural then I don't hesitate to invest, of course this doesn't guarantee success but some projects make me earn big profits.
But don't get baited with some of them. They might have an interesting followers count on social media and telegram or discord. But look at the engagement with their pages. If it's few, you decide.
While in discord and telegram, conversations there can be done by their workers that have been paid to keep with the on going discussion just to remain its activeness.
that's why we need to really pay attention to who the people in the group are. The thing I pay most attention to in a project, the most crowded groups of a project are Telegram and Discord. if the two groups have a lot of people, but don't have much interaction regarding the project at hand, I think, that's suspect. In addition, development that is delayed and not in accordance with the concept also has a low level of trust. Well, we all have things to consider when choosing an investment.
It is sure a suspect when they've got good numbers of members for that group yet only a few discusses and not everyone is interacting. For the sake of others that don't know.
There are the telegram services that's adding members and people to their channel with a fee. But as you have said, it's useless, they're giving showing good amount of members but they're non-active.
1383  Alternate cryptocurrencies / Altcoin Discussion / Re: Time to reinvest into Altcoins? on: February 14, 2022, 10:56:46 AM
Yes, lots of good coins are now a bad situation for dump bitcoin I think when the market pump that means bitcoin cross 50k then we will see all of altering coin will flay must so waiting for good something.
It will be there in no time. Bitcoin's gonna reach back $50k again but we're uncertain when and when it does, altcoins are going to be pumping too.
As people keep on looking for the cheap price of altcoins these days, there's the possibility that it could go not just 2x but more than that just like what has happened last year with majority of the altcoins.


Need to project what's the potential of the coin before you engage and invest your money, the chance is always there and for experienced traders they understand well whatever situation the market is bringing they are more waiting for a good market sign before taking their positions, no matter what, it's important to have good anticipation, it will provide signs or it will make patterns to your strategy.

Not that accurate, but better than doing a gamble kind of investment.  Roll Eyes Tongue
If you're the typical altcoin investor and does look at the established ones. It's not a gamble although the risk is never gone but it's when you've said about relating it to gambling.
There's so much newbies that have been bypassing looking at the potential of the coin which has led them into making a choice like they're gambling.
1384  Alternate cryptocurrencies / Altcoin Discussion / Re: How you choose projects for investment on: February 14, 2022, 09:07:07 AM
What I'm doing right now is following social media like Facebook or discussions on telegram or discord, if the discussion looks convincing and natural then I don't hesitate to invest, of course this doesn't guarantee success but some projects make me earn big profits.
But don't get baited with some of them. They might have an interesting followers count on social media and telegram or discord. But look at the engagement with their pages. If it's few, you decide.
While in discord and telegram, conversations there can be done by their workers that have been paid to keep with the on going discussion just to remain its activeness.
1385  Alternate cryptocurrencies / Altcoin Discussion / Re: Is the Metaverse a bubble? on: February 14, 2022, 07:24:02 AM
Because the Metaverse project is still in its infancy, existing projects are naturally very expensive, leading many to believe that this is a bubble; however, as more Metaverse projects emerge, the price will naturally fall. Anyway, Consider DAO maker; I recently joined their best sales on the launchpad with the highest ROI in 2021.
How much have you made with that launchpad? What's the name of the project itself? There are many projects that's being made in DAO maker and I've been reading people are enthusiastic about DAO.

People say its the next big thing but for me who is living in the present doesn't really care about it, just focusing on what to invest now and for the future and it will work for the next 10 years atleast so I have time and see whether the metaverse will takeover or just fade like other trends hyped in the past.
It's possible that the Metaverse hype could just be the same as ICO, IEO and other of the same. Time gonna come that they're no longer important to the others and will still stay to the usual crypto like bitcoin.
1386  Economy / Trading Discussion / Re: What did you learn about crypto trading? on: February 13, 2022, 11:28:18 PM
I have been doing sprot trades for a long time today. I have learned this by watching my friend. Through my friend, I do sporting tate and by clicking here, I can make a fairly good income and I hope that my income will be better than this in the future.
How are you doing then? Are you learning a lot by just watching your friend? You can ask him more some tips and techniques since he's like your mentor.
Don't think about that you're doing it easy because you're just clicking it. What you need to learn is to adopt the market and get used to the changes that happens from time to time.
1387  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin doesn't have a bright future anymore on: February 13, 2022, 10:21:31 PM
Who says who?
Isn't it impressive when bitcoin reached $69k for its peak when the last ATH of it a few years ago was just $20k? It's not about how many times it had moved up.
But if you recognize that the price of it is quite high then moving up higher is what many are worrying about. But, last year, bitcoin just broke that worry.
1388  Alternate cryptocurrencies / Altcoin Discussion / Re: Time to reinvest into Altcoins? on: February 13, 2022, 09:22:19 PM
Yes, lots of good coins are now a bad situation for dump bitcoin I think when the market pump that means bitcoin cross 50k then we will see all of altering coin will flay must so waiting for good something.
It will be there in no time. Bitcoin's gonna reach back $50k again but we're uncertain when and when it does, altcoins are going to be pumping too.
As people keep on looking for the cheap price of altcoins these days, there's the possibility that it could go not just 2x but more than that just like what has happened last year with majority of the altcoins.
1389  Economy / Trading Discussion / Re: 29 Year Old Legend In Crypto Trading on: February 12, 2022, 10:51:51 PM
Looks like an interesting research and I didn’t know the successful traders will reveal his identity in the public.
He's actually a public figure. He's the owner of FTX so it's part of his "about me" thing as a public figure. But the good thing about this, someone like him is voicing out and not quiet about his success. We can get tips and ways on how to improve in trading if he's giving advise to everyone.  Well, for a busy man, he's not really obliged to do that but he's doing a good job.
1390  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon musk net worth is like the entire market cap of Ethereum on: February 12, 2022, 09:50:14 PM
Elon musk net worth is like the entire market cap of Ethereum.

Think about how rich this man if he put all of his money on eth it doubles overnight.

let me know your opinions.

Yes, he's rich and that's for sure. It's a combination of all of his shares from the companies that he owns. But about putting his money on eth. I know it's just an example.
But it's not going to happen, it's likely even going to be in Doge rather than in Ethereum. And that's the better possibility of what might happen.
1391  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Dogecoin 🐕‍🦺 1$ possible in 2022 or not? on: February 11, 2022, 03:42:22 PM
As the peak was $0.7 and it's few to $1. We don't know if it will manage to get back to the past ATH first. The supply is increasing and that's making the price lower.
Everyone can say that it's possible who's holding a bag of Dogecoins and didn't sell at the peak and still waiting for it to come. But embrace the reality that accept it for now that it won't be there close.

True on the unlimited part, It will be very hard to increase the price exponentially but nothing is impossible for the blind followers of DOGE because many artist, influences and whale are waiting for this token to be hype again. A couple of million dollars of continuous buying can easily create a hype to make retail investors fomo buy. Since 0.7$ is the recent peak, 1$ is gonna be an easy target once hype back again in crypto.
With Elon's tweet.
It is for sure that there will be a move again positively. It's just only going to matter when he's in action. That's what the holders of it are waiting for.
If it's not for Elon, they didn't invest in dogecoin. But because they've seen him talking about it before, they've became hopeful on it.
1392  Economy / Trading Discussion / Re: Diversifying Your Portfolio in Crypto on: February 11, 2022, 02:11:13 PM
Everyone should try to diversify their assets which doesn’t mean that you should end up buying hundreds of cryptocurrencies that will end up amounting to nothing. Like I do see some people who would buy more than 20 cryptocurrencies and store in their wallets, and it makes me wonder what the hell they’re really doing?
You can just buy few cryptocurrencies and store them, as long as you are very sure that they are really good and they’re going to make the profit you need.
This is the misunderstanding of others. When it's been said that they should diversify, they're going for tons of altcoins that they shouldn't really do. It's okay to diversify whether you only have 2 or 3 altcoins to diversify with.
With that strategy they do, they're going to learn from it and will eventually have to sell the others and will lessen the number of their altcoins and won't expand that much just to make themselves diversified.
Misconception in terms of choosing assets to hold, diversifying to a much lesser numbers of assets may also lessen your stress when the market dumped down that hard, you need to pick good coins to hold while diversifying your money, one the market start favoring you your assets will bring a decent amount of benefits.

More on your understanding of assets that you will hold and how you project the future of your investment.
It's not enough to say that someone's diversified. But with the choices of the coins that he has, that's going to play a big factor and matter to his portfolio.
There's a deeper sense for being diversified and it's not even impressive when somebody gets to hold a bunch of dying coins and tells the others that he's diversified with his assets.
1393  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Dogecoin 🐕‍🦺 1$ possible in 2022 or not? on: February 11, 2022, 09:49:42 AM
As the peak was $0.7 and it's few to $1. We don't know if it will manage to get back to the past ATH first. The supply is increasing and that's making the price lower.
Everyone can say that it's possible who's holding a bag of Dogecoins and didn't sell at the peak and still waiting for it to come. But embrace the reality that accept it for now that it won't be there close.
1394  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What are your plans for the 2022 crypto market? on: February 11, 2022, 08:32:35 AM
Even if one plans to use the proceeds in decentralized finance (DeFi) pools, there’s always the risk of impairment losses or hacks that compromise access to the funds.
I've never engaged with Defi pools. I don't see myself willing to take those impairment/impermanent losses that these pools are requiring. It's better to get onset with holding and you're having more authority over the asset that you hold.
While putting it on a pool, you have no choice when you've been hitting those impermanent losses. It's not for me but there are others who are willing to take those losses.

i, on the other hand, tried farming in few of them. but i ended up withdrawing the funds as i noticed, i was not gaining much profit (though the profit depends on the token and the defi platform you are involved with). what i gained was anxiety because i was always looking for the price of the token. lol so yeah, i decided to pull out and just buy top alts. i guess, i will stick to btc as my major part of my portfolio.
going into defi is not bad, but you should know what youre doing. else, you may end up losing rather than gaining.
That's because of the impermanent loss and you seem to gain almost nothing. It's better to pull it out there and just hold it because you're free to do whatever you want.
Those pools require patience and before when they're new, they've been profitable as usual in the market, if you're a first comer then you're at advantage.
But when it has gained popularity, that's already not the same as before.
1395  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What are your plans for the 2022 crypto market? on: February 10, 2022, 11:22:27 PM
Even if one plans to use the proceeds in decentralized finance (DeFi) pools, there’s always the risk of impairment losses or hacks that compromise access to the funds.
I've never engaged with Defi pools. I don't see myself willing to take those impairment/impermanent losses that these pools are requiring. It's better to get onset with holding and you're having more authority over the asset that you hold.
While putting it on a pool, you have no choice when you've been hitting those impermanent losses. It's not for me but there are others who are willing to take those losses.
1396  Economy / Trading Discussion / Re: Diversifying Your Portfolio in Crypto on: February 10, 2022, 10:15:31 PM
Everyone should try to diversify their assets which doesn’t mean that you should end up buying hundreds of cryptocurrencies that will end up amounting to nothing. Like I do see some people who would buy more than 20 cryptocurrencies and store in their wallets, and it makes me wonder what the hell they’re really doing?
You can just buy few cryptocurrencies and store them, as long as you are very sure that they are really good and they’re going to make the profit you need.
This is the misunderstanding of others. When it's been said that they should diversify, they're going for tons of altcoins that they shouldn't really do. It's okay to diversify whether you only have 2 or 3 altcoins to diversify with.
With that strategy they do, they're going to learn from it and will eventually have to sell the others and will lessen the number of their altcoins and won't expand that much just to make themselves diversified.
1397  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't punic, just hodl on: February 10, 2022, 03:02:18 PM
Usually someone who is new to the world of cryptocurrency is very easy to panic, I think they don't have enough knowledge when investing, the price drops only 2% they are ready to sell it, even buy without any basis for analysis. I hope they get education before investing.
They are the most vulnerable people in the market. They're quick to panic and do such things that they shouldn't like panic selling. I've seen many of those folks that always get to panic when they see the numbers in red.
That's their main indicator without zooming out the chart of the token that they are monitoring.

They are quick to decide because of lack of experiences, sad for those newcomers who did not do their homework before joining inside this market, without proper knowledge that swaying market hits them hard. They are mostly who suffered from the corrections, fear of losing more, push them to decide to sell with losses instead of holding and wait for the bounce.

Before you enter this business, make sure that you know what you need to understand about everything,

else, you'll be the first one to panic when market sway takes place, volatile market is something that isn't easy to handle
if you don't have the right sets of knowledge.
I can't blame them for that but the experience is hitting them hard. It's up to them if they'll learn from that correction and bear market that they've encountered.
Because to me, when I've dealt and experienced those, it never stopped me from going on with the market. And instead, it has given me the positive outlook that the market's growth is unmeasureable.
1398  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it Better to Hodl or Stake your Tokens? on: February 10, 2022, 10:54:12 AM
both are good choices I think both have their advantages but I personally prefer holding because I can take my profits at any time and by holding our income will be more without restrictions.
It's just the same with staking. Unless you choose to stake into a platform that does have a contract that you need to stake there for a specific period of time, you're not free to withdraw it anytime.
But here's the catch, there are platforms and wallets to be specific that allows their users to stake and unstake anytime that they want and if I'll be the one to choose, I'll go with those wallets.
1399  Economy / Trading Discussion / Re: What is the future of crypto in India, how to avoid crypto tax and TDS, on: February 10, 2022, 09:38:12 AM
what is your opinion about all this We all know that there is an attempt to destroy the future of crypto in India
What's the reason you say that there's an attempt to destroy the future of crypto in India? I don't see any reason for that. They've imposed a 30% tax on crypto.
That's high but I don't think that it's an attempt to destroy the crypto market there. Thus, it's even helping and removing the worry of what they've been saying about the ban before which is more worrying than their new update.
1400  Alternate cryptocurrencies / Altcoin Discussion / Re: Gas Fee Of BNB Is Increasing on: February 09, 2022, 04:01:37 PM
The number of platforms developing BSC makes the use of BNB continue to increase, this has an impact on increasing gas costs, but I think it's still cheap, to send BNB with Metamask it takes around 8 cents while for tokens it's around 15 cents.
Yes.
It's still cheaper than ETH's transaction fee which could go more than 10 times if the gwei is too much. Just like ETH before when it's not yet crowded.
Fees are not high.
But when there are too many transactions happening on day by day, the fees have increased significantly.
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